REG-American Intnl Group AIG to Sell Assets of AIG Credit Card Company (Taiwan) Limited to Far Eastern International Bank

NEW YORK--(Business Wire)--

American International Group, Inc. (AIG) today announced that it has entered
into an agreement to sell the assets of AIG Credit Card Company (Taiwan) Limited
to Far Eastern International Bank. The transaction, subject to the approval of
the Financial Supervisory Commission of the Republic of China, is expected to be
completed in the third quarter of 2009. Terms of the transaction were not
disclosed

ABN AMRO Bank N.V., Hong Kong Branch (a subsidiary undertaking of The Royal Bank
of Scotland Group plc), acted as financial advisor and Linklaters LLP and Russin
& Vecchi served as legal counsel to AIG on this transaction.

American International Group, Inc. (AIG), a world leader in insurance and
financial services, is the leading international insurance organization with
operations in more than 130 countries and jurisdictions. AIG companies serve
commercial, institutional and individual customers through the most extensive
worldwide property-casualty and life insurance networks of any insurer. In
addition, AIG companies are leading providers of retirement services, financial
services and asset management around the world. AIG's common stock is listed on
the New York Stock Exchange, as well as the stock exchanges in Ireland and
Tokyo.

Contact: American International Group, Inc.
Peter Tulupman (News Media)
212-770-3141
or
Teri Watson (Investor Community)
212-770-7074

American Intnl Group

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